profile/5377instablog.png.webp

Instablog9ja

Businesswoman Shares What She Learnt From Her Broken Engagement From A Relationship Of Five Years

dataDp/1032.jpeg

Worldnews

Trump Tariffs: What Products Do The EU And US Buy From Each Other?

The United States has a $236bn trade deficit with the European Union. The EU is now facing 20 percent tariffs. The United States buys $235.6bn more in goods than it sells to the 27 countries that make up the European Union (EU). That $236bn gap, known as the trade deficit, is something US President Donald Trump wants to reduce. In an effort to close the gap, on April 2 the US imposed a 20 percent tariff on goods imported from the EU, aimed at reducing European exports to the US and encouraging domestic production. In addition, the EU faces a 25 percent US tariff on steel, aluminium and cars. In response, the EU decided to impose retaliatory tariffs on $23.8bn worth of US goods, with EU officials describing the US tariffs as “unjustified and damaging”. In 2024, trade between the US and EU reached nearly $1 trillion, making the EU the biggest trading partner bloc for the US. The US mainly exports fuels, pharmaceutical products, machinery and aircraft to the EU, according to the US International Trade Commission. In 2024, the US sold $370.2bn worth of goods to the EU. The main exports include: The US mainly buys pharmaceutical products from the EU, as well as mechanical appliances, cars and other non-railway vehicles. In 2024, the US bought $605.8bn worth of goods from the EU. The main imports include: According to the US International Trade Administration, the midwestern state of Indiana buys the most of any other state from the EU. It bought $49.3bn worth of goods in 2024. New Jersey imported the second-most goods from the EU, valued at $40.9bn, followed by North Carolina, which bought $39.6bn. Texas leads the US in exports to the EU, selling $81.5bn worth of goods in 2024. California ranks second, with $28bn in sales, followed by Louisiana at $20.8bn. Explore the table below to see which states import and export the most to and from the EU. Aerospace products and parts are the top exports from the US to the EU, with 15 states reporting this category as their primary export. These states include Arizona, Arkansas, Connecticut, Florida, Georgia, Hawaii, Kansas, Kentucky, Maine, Maryland, New Hampshire, New Mexico, Ohio, Oklahoma, and Washington. Aerospace products consist of complete aircraft and aircraft parts, with the US specifically exporting Boeing commercial aircraft and Lockheed Martin F-16 fighter jets to the EU. Pharmaceuticals and medicines are the leading import for 11 US states, including Delaware, Georgia, Illinois, Indiana, Kentucky, Missouri, North Carolina, Ohio, Pennsylvania, Tennessee and Wisconsin. Motor vehicles and vehicle parts rank second, being the top import for eight states: Alabama, California, Maryland, Michigan, New Jersey, Rhode Island, South Carolina and Texas. According to the European Automobile Manufacturers’ Association (ACEA), the US is the second-largest market for new EU vehicle exports after the UK, where the US accounted for 22 percent of the EU’s vehicle export market in 2024. The Center for Automotive Research found that the Detroit Three automakers – General Motors, Ford, and Stellantis (formerly Chrysler) – will see an average cost of the tariff per vehicle for imported vehicle parts of $4,911, higher than the overall industry’s average of $4,239 per vehicle. Follow Al Jazeera English:...

profile/5377instablog.png.webp

Instablog9ja

Pres. Tinubu Is A Good Man With Experience. Let Him Finish His Eight Years Then We Can Look For Another Person Tompolo

dataDp/1032.jpeg

Worldnews

DeepSeek Transferred Data Without Consent, South Korean Watchdog Says

Personal Information Protection Commission says AI model sent personal data to Beijing-based cloud service. South Korea’s data protection watchdog has accused DeepSeek, the Chinese start-up whose artificial intelligence-powered chatbot took the tech scene by storm earlier this year, of transferring personal data without users’ consent. The Personal Information Protection Commission said on Thursday that DeepSeek had been transferring information to several companies in China and the United States before its ChatGPT-like AI model was removed from app stores in February, pending a privacy review. Nam Seok, director of the commission’s investigation bureau, said during a news conference that the app had sent user prompts and device and network information to a Beijing-based cloud service called Volcano Engine. DeepSeek “acknowledged it had insufficiently considered Korea’s data protection laws” and “expressed its willingness to cooperate with the commission, and voluntarily suspended new downloads”, Nam said. DeepSeek did not immediately respond to a request for comment. Following the South Korean watchdog’s announcement, China’s Ministry of Foreign Affairs said it placed a high level of importance on data privacy and security. “We have never – and will never – require companies or individuals to collect or store data through illegal means,” ministry spokesperson Guo Jiakun said during a regular news conference. DeepSeek’s R1 caused a sensation in January after its developers released a research paper claiming they spent less than $6m on computing power to train the model – a fraction of the multibillion-dollar AI budgets of US tech giants such as OpenAI and Google. The emergence of a Chinese startup capable of rivalling Silicon Valley’s leading players challenged assumptions about US dominance in AI and prompted scrutiny of the sky-high market valuations of companies such as Nvidia and Meta. Marc Andreessen, one of the most influential tech venture capitalists in Silicon Valley, hailed DeepSeek’s model as “AI’s Sputnik moment”. Follow Al Jazeera English:...